Gourmet Gateway India Ltd

Gourmet Gateway India Limited: Trading window closed from 1 October, 2026 till 48 (Forty-Eight) hours after the declaration of Un-Audited financial results of the Company for the quarter and half year ended September 30th, 2026

Financial performance

• Standalone revenue from operations 1,305.08 Lakhs; up from 805.16.
• Standalone net profit 2.57 Lakhs; vs 14.71 in FY2024-25.
• Consolidated revenue from operations 19,252.79 Lakhs; net profit 18.38 Lakhs.
• Consolidated profit before tax 46.22 Lakhs; tax 27.84; PAT 18.38.
• EPS (Basic): 0.00; Diluted: 0.00.
• Dividend declared: No dividend for FY2025-26.
• Standalone total equity 6,033.28 Lakhs; Consolidated equity 6,686.99 Lakhs.
• Consolidated total assets 18,857.18 Lakhs.
• Net debt to equity: Standalone 0.04; Consolidated 1.14.

Capital structure & liquidity

• Authorized share capital unchanged at Rs 23.50 crore; paid-up capital Rs 1513.07 Lakhs.
• Equity share capital end FY26: 15,13,07,876 shares; Rs 1513.07 Lakhs.
• Warrants and CCPS converted to equity; end-March 2026 equity 15,13,07,876 shares.
• Borrowings: Standalone 234.51; Consolidated 1,010.92 Lakhs.
• Cash and cash equivalents: Standalone 21.42; Consolidated 533.92.
• No dividend declared; capital structure reflects warrant/CCPS conversion impacts.

Operations and segments

• Domestic FY2026 revenue: Goods 1,208.20; Services 96.88; total 1,305.08.
• Export revenue FY2026: 0; Domestic concentration evident.
• Subsidiaries: Boutonniere Hospitality, Barista Coffee Company, Welgrow Hotels, Kaizen Restaurants, So Indulgent India.
• Inventories: 1,018.17 Lakhs; Trade receivables (net) 646.14 Lakhs.
• Consolidated domestic revenue: 19,136.29; total 19,252.79.

Governance & controls

• Board met 8 times in FY2025-26; quorum satisfied.
• Sudhanshu Singhal appointed Additional Independent Director 20-06-2025; regularised 19-09-2025.
• Vipul Gupta appointed Independent Director 14-08-2026.
• Statutory auditor: Walker Chandiok & Co LLP; unqualified, no fraud reported; ED matter noted.
• Secretarial Auditor: M/s AASK & Associates LLP.
• Governance: certificate on governance; whistle-blower policy; adherence to code of conduct.

Audit, risk & compliance

• ED/PMLA-related note: proceedings noted; management reports no adjustments required.
• Internal controls: three lines of defence; IFCs adequate and operating.
• Management discussion and analysis provided; integrated with annual report.
• Secretarial audit: no material qualifications; forms and filings generally compliance with Act.

Outlook & risks

• Indian food services expected to remain high-growth; organised formats, digital delivery, and cloud kitchens.
• Opportunities from Make in India, tier II/III expansion, premiumisation and technology adoption.
• Key risks: inflationary pressures, competition, regulatory changes, supply-chain disruptions.

Subsidiaries & group structure

• Group comprises five subsidiaries; notable entities include BHPL, Barista Coffee Co, Welgrow, Kaizen, So Indulgent.
• AOC-1 and governance disclosures reflect group structure; consolidated statements include BHPL and step-downs.

CSR & disclosure

• Corporate Social Responsibility not applicable; no CSR committee required.
• Related party transactions disclosed; policy on RPTs available on company site.

Deal overview

• Target: Manmeera Hospitality LLP, hospitality sector entity in India (LLP).
• Size: Financial/turnover details not disclosed.
• Related party: Welgrow Hotels Concepts Private Limited, step-down subsidiary, increases stake.
• Industry: Hospitality.
• Purpose: Reconstitution to consolidate Welgrow's stake; 49% to 99%.
• Regulatory approvals: No specific approvals stated; filings to be completed as required.
• Timeline: Second Supplementary LLP Agreement executed on August 25, 2026.
• Consideration: Incremental interest acquired with no separate consideration specified.
• Cost/price: Not disclosed for incremental 50% stake.
• Shareholding: Welgrow's profit-sharing rises from 49% to 99%.
• Background: Manmeera Hospitality LLP operates in hospitality; incorporation date and turnover history not disclosed.

Email ID update

• Change of company email from amfinecompliance@gmail.com to cs@gourmetgateway.co.in.
• Pursuant to Regulation 30 of SEBI LODR, email updated.
• Effective from this intimation, all future communications use the new email.
• Company name: Gourmet Gateway India Limited (formerly Intellivate Capital Ventures Limited).
• Authorised signatory: Narender Kumar Sharma, Company Secretary & Compliance Officer.
• Date of filing: 19 August 2026.

Resigning director

• Name and designation: Mr. Ritesh Kalra, Independent Director.
• Type of directorship: Independent Director.
• Effective date: close of business hours on August 14, 2026.
• Reason for resignation: resignation; no other material reasons stated.
• Confirmation: no material reasons beyond those disclosed.
• Other listed directorships/committee memberships: not disclosed.
• Board/committee impact: not disclosed in filing.

Appointment of Independent Director

• Vipul Gupta appointed as Additional Independent Director (Non-Executive) for five-year term.
• Effective from August 14, 2026, subject to shareholder approval within three months.
• DIN: 09064133.
• Profile: commerce graduate with MBA in finance and 20+ years in accounting, finance, taxation.
• Not debarred from holding office by SEBI or any authority.
• Directorships: currently on Rollatainers Limited.